	Year 1	Year 2	Year 3	Year 4	Year 5	Total
Total Rental Income	£12,600	£12,789	£13,109	£13,436	£13,840	£65,774
Total Expenses	£11,592	£11,657	£11,732	£11,808	£11,891	£58,679
Profit Before Tax	£1,008	£1,132	£1,377	£1,628	£1,948	£7,094
Profit After Tax	£817	£917	£1,115	£1,319	£1,578	£5,746
Change In Property Value	£4,200	£4,284	£8,739	£11,361	£11,929	£40,514
Net Return	£5,017	£5,201	£9,855	£12,680	£13,507	£46,260
Return From Rental Income (%)	1%	1%	2%	2%	2%	9%
Total Net Return (%)	8%	8%	15%	20%	21%	72%